Re:How do cash transfers impact the people who don’t receive...
by notahacker on Monday August 22, 2022 @07:07AM
(#32549825)
That's the point of the fiscal multiplier figure: according to their estimates it improves the economy by a multiple of 2.6x the cost of the money transferred.
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Seems like reverse "trickle down" in another respect too: the poorest recipients got better off but the gap between rich and poor still widened, presumably because the poor spent much of their increased budget buying things from the rich.
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Seems like reverse "trickle down" in another respect too: the poorest recipients got better off but the gap between rich and poor still widened, presumably because the poor spent much of their increased budget buying things from the rich.